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Property Description

We are pleased to offer for sale a five-unit apartment community located at 840 West 52nd Street. The subject property is located north of Slauson Avenue and west of Hoover Street. This property is being sold as part of a 5 building, 79-unit portfolio that is available individually or any combination as a portfolio purchase.South Los Angeles is located south of Downtown Los Angeles. The subject property is located less than two miles from the University of Southern California and less than six miles from Downtown Los Angles. Situated on a 6,802 square foot parcel, the property is comprised entirely of three-bedroom units. The property has 58% remaining rental upside through unit renovations along with on-site parking for every unit. The proximity to major employers and freeway access for residents, along with the value-add potential for a new owner to continue improvements and achieve superior market rents moving forward, make 840 West 52nd Street an excellent acquisition opportunity.

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Additional Information
Marcus & Millichap
0
CLW-C107850
CLW-X7515101
Sean
5001003010
: Standard
Two,Multi/Split
32

Multi-Family For Sale

840 52nd Street, Los Angeles, California 90037

5,195 Sqft
$1,250,000
Listing ID #24388361
Basic Details
Status : Active
DaysOnMarket : 99
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24388361
Price : $1,250,000
Living Area : 5,195 Sqft
Lot Size : 6,800 Sqft
Year Built : 1965
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90037
Price Per Square Foot : $241
ModificationTimestamp : 2024-08-13 17:23:27
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